A recent survey conducted by TransUnion shows that about half of Canadians were targeted by fraud in the first half of 2023, with fraud attempts up 40 per cent from the previous year.
According to the survey, there has been a 40 per cent increase in digital fraud attempts originating in Canada and targeting global businesses during the first half of 2023 compared to the same period last year.
Among those surveyed, 43 per cent reported being targeted by voice phishing, also known as “vishing,” which involves fraudulent phone calls intended to trick individuals into revealing sensitive information.
And 41 per cent experienced fraud through SMS phishing, or “smishing,” which entails fraudulent text messages designed to deceive recipients into disclosing their personal or financial data.
To safeguard against fraudulent scams, TransUnion recommends regularly monitoring your credit report for any unauthorized activity and disputing any unfamiliar purchases listed on your statement.
Additionally, strive to memorize your passwords and PINs so that you don’t have to write them down, reducing the risk of unauthorized access to your accounts.
This alert signals to potential lenders that there could be fraudulent activity associated with your information and provides them with your contact phone number for verification, adding an extra layer of protection to your financial security.
The original article contains 670 words, the summary contains 179 words. Saved 73%. I’m a bot and I’m open source!
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According to the survey, there has been a 40 per cent increase in digital fraud attempts originating in Canada and targeting global businesses during the first half of 2023 compared to the same period last year.
Among those surveyed, 43 per cent reported being targeted by voice phishing, also known as “vishing,” which involves fraudulent phone calls intended to trick individuals into revealing sensitive information.
And 41 per cent experienced fraud through SMS phishing, or “smishing,” which entails fraudulent text messages designed to deceive recipients into disclosing their personal or financial data.
To safeguard against fraudulent scams, TransUnion recommends regularly monitoring your credit report for any unauthorized activity and disputing any unfamiliar purchases listed on your statement.
Additionally, strive to memorize your passwords and PINs so that you don’t have to write them down, reducing the risk of unauthorized access to your accounts.
This alert signals to potential lenders that there could be fraudulent activity associated with your information and provides them with your contact phone number for verification, adding an extra layer of protection to your financial security.
The original article contains 670 words, the summary contains 179 words. Saved 73%. I’m a bot and I’m open source!